Warming gradually over a few charts and then into comments and a comparison of revenue benchmarks against DA spreads. We compare August 1-20 2026 to the same period in 2025. Then we zoom out and look at the decline in full-flex revenue relative to DA-spreads.
August to Date. The rise in DA-power.
Solar continues to deepen the midday trough. DA and ID-AEP are up. SPARX is wider, median downward aFRR activation nearly triple. Multi-market excess revenue vs. DA is declining.
